Sports Business Classroom is proud to announce that it has partnered with the National Basketball Players Association (NBPA) to provide educational resources for NBPA agent applicants to utilize to prepare for the upcoming Agent Exam. The 2023 NBPA Agent Application window is now open through October 31. For more information on how [Read More]
As of the 2023 Collective Bargaining Agreement, the NBA added a third two-way roster spot. The goal is to give teams the means to develop players with fewer than four years of experience—part-time in the G League and NBA. Two-way contracts pay half the value of a rookie minimum salary ($578,577 for the 2024-25 [Read More]
The NBA announced its salary cap figures for the 2022-23 season, along with a new projection for the 2023-24 campaign at $133 million with a luxury tax threshold of $161 million. By December 15, 2022, the NBA and National Basketball Players Association can opt out of the current collective bargaining agreement. A new deal [Read More]
The NBA announced its salary cap for the 2022-23 season at $123,655,000. That's the maximum 10 percent increase allowed over last year's $112,414,000 cap, based on the agreement between the league and the National Basketball Players Association coming out of the pandemic. The luxury tax was set at $150,267,000 with the apron (or hard [Read More]
The 2021-22 season will officially end when the clock clicks from June 30 to July 1. At that moment, players (whose contracts have expired) will become free agents. Many will be unrestricted and able to sign with any NBA franchise willing to offer a contract. Some will be restricted free agents, giving the original [Read More]
